Tag: inflation
U.S. wholesale inflation picked up in June
WASHINGTON (AP) – Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier, a sign that some...
U.S. inflation cools again, potentially paving way for Fed to cut...
WASHINGTON (AP) – Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in...
Fed’s Powell highlights slowing job market in signal that rate cuts...
WASHINGTON (AP) – The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in testimony Tuesday,...
Federal Reserve minutes: Inflation is cooling, but more evidence is needed...
WASHINGTON (AP) – Federal Reserve officials at their most recent meeting welcomed recent signs that inflation is slowing and highlighted data suggesting that the job market...
Federal Reserve’s preferred inflation gauge shows price pressures easing further
WASHINGTON (AP) – A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are...
Federal Reserve envisions just one rate cut this year
WASHINGTON (AP) – Federal Reserve officials said Wednesday that inflation has fallen further toward their target level in recent months but signaled that they...
U.S. inflation cooled in May in sign that price pressures may...
WASHINGTON (AP) – Inflation in the United States eased in May for a second straight month, a hopeful sign that a pickup in prices that...
Inflation data this week could help determine Fed’s timetable for rate...
WASHINGTON (AP) – After Federal Reserve officials meet this week, a statement they will issue may suggest that they've seen meaningful progress on inflation...
Federal Reserve’s preferred inflation gauge eased last month for the first...
WASHINGTON (AP) – A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after...
New inflation figures are good sign for economy
The U.S. economy is slowing, but not crashing. In the dismal science, this is what counts as good news.
That’s the message I took away...
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